Salary increases for tech professionals transitioning to new jobs have seen a sharp decline this fiscal year. Top IT companies are scaling back hiring efforts due to a slowdown in global tech service demand, leading to reduced salary increments, by nearly half, for job switchers.Data from staffing firms, as reported by ET, indicates that software firms are currently offering 18-22% hikes to job changers, a significant drop from the previous year when these candidates could command increases ranging from 40% to as high as 100-120%.The most significant dip...
BENGALURU: Infosys and HCL Tech have both cut revenue forecasts for the 2023-24 financial year, underscoring the continuing softness in discretionary spends by...
Wipro, the Bengaluru-based IT firm, will implement annual merit salary increases (MSI) for its employees from December 1, after delaying the hikes, originally...
BENGALURU/CHENNAI: “Earlier this year, I took on the challenge to lead the combined banking, financial services and insurance business unit for the Americas...
MUMBAI: Dalal Street discounted possible repercussions of the conflict in West Asia as strong buying by domestic players gave the sensex a 567-point...
MUMBAI: Equity benchmark indices Sensex and Nifty rebounded sharply on Thursday after sliding for the past two sessions, propelled by bargain hunting in...